I came across a pretty interesting screenshot this morning, and the top female influencer even replied in person. 😂
Someone said that BNB has risen all the way from $0.5, so anyone buying it now is just left holding the bag. By that logic, does that mean major US stocks like Nvidia, Google, and AMD, which have risen many times over, are also no longer worth buying? Are the institutions and individuals who’ve invested real money in them over the years all just left holding the bag too?
I don’t think you should judge an investment solely by how many times it has risen in the past. An asset having risen a lot doesn’t necessarily mean it’s expensive now; just as a big drop doesn’t necessarily mean it’s cheap. Of course, BNB and US stocks aren’t the same thing, and their sources of value aren’t entirely alike.
What you should really look into is: Is there actual demand for it? Can it keep creating value? Is its current price reasonable? A 100-fold rise doesn’t automatically mean it’s no longer worth buying; a 90% drop doesn’t automatically make it worth buying the dip.
What do you think? $BNB
Someone said that BNB has risen all the way from $0.5, so anyone buying it now is just left holding the bag. By that logic, does that mean major US stocks like Nvidia, Google, and AMD, which have risen many times over, are also no longer worth buying? Are the institutions and individuals who’ve invested real money in them over the years all just left holding the bag too?
I don’t think you should judge an investment solely by how many times it has risen in the past. An asset having risen a lot doesn’t necessarily mean it’s expensive now; just as a big drop doesn’t necessarily mean it’s cheap. Of course, BNB and US stocks aren’t the same thing, and their sources of value aren’t entirely alike.
What you should really look into is: Is there actual demand for it? Can it keep creating value? Is its current price reasonable? A 100-fold rise doesn’t automatically mean it’s no longer worth buying; a 90% drop doesn’t automatically make it worth buying the dip.
What do you think? $BNB